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Home CompaniesMagnite Inc

Magnite Inc

Communication Services Advertising Agencies
PortfolioPortfolio WatchlistWatchlist
Company price
27.455 USD -0.07 ( 0.24%)
Last update at 2026-11-06T15:04:00Z
VOLUME
387094
Market Cap
1746.10M

Momentum Score

…

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers. It markets its solutions through sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
26.67
Low
27.79
High
52 Week Price Range
6.28
Low
15.73
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Magnite Inc operates a sell-side advertising platform that lets publishers sell programmatic inventory across connected TV, video and display. Long-term growth may come from shifting ad budgets to programmatic formats and rapid expansion of connected TV audiences. The company appears positioned to benefit from scale in independent SSP services and CTV monetization focus.

Key risks include cyclicality in ad spending and customer concentration, intense competition from large adtech and platform owners, and privacy or regulatory changes that could disrupt targeting and measurement.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
27.52
Dividend Yield
-
Revenue TTM
638.88M
Revenue Per Share
4.64
Gross Profit TTM
269.90M
Debt / Equity
0.86
ROE
-11.17%
Net Debt
280.19M
ROCE
-7.77%
Diluted EPS TTM
-0.56

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -135.60M -94.99M -52.74M -26.99M -61.47M
Net income -130.32M 0.07M -53.43M -25.48M -61.82M
Selling general administrative 81.38M 64.79M 52.99M 41.77M 42.43M
Selling and marketing expenses 200.08M 170.41M 76.03M 44.56M 44.56M
Gross profit 269.90M 266.75M 143.88M 99.02M 64.68M
Reconciled depreciation 216.05M 146.89M 49.25M 32.13M 35.34M
Ebit -100.00M -6.20M -16.91M -27.10M -57.12M
Ebitda 116.05M 140.69M 32.34M 5.02M -21.78M
Depreciation and amortization 216.05M 146.89M 49.25M 32.13M 35.34M
Non operating income net other 6.45M 5.93M - - -
Operating income -100.00M -6.20M -16.91M -27.10M -63.61M
Other operating expenses 682.38M 511.31M 258.31M 184.00M 184.85M
Interest expense 29.26M 19.85M 35.83M 0.11M 0.00M
Tax provision -5.27M -95.05M 0.69M -1.51M 0.36M
Interest income - - - 0.79M 0.99M
Net interest income -29.26M -19.85M 0.05M 0.79M 0.99M
Non recurring 7.47M 38.18M - - -
Income tax expense -5.27M -95.05M 0.69M -1.51M 0.36M
Total revenue 577.07M 468.41M 221.63M 156.41M 124.69M
Total operating expenses 375.22M 309.64M 180.56M 126.61M 124.85M
Cost of revenue 307.17M 201.66M 77.75M 57.39M 60.00M
Total other income expense net -35.60M -88.79M -35.83M 0.11M -2.29M
Net income from continuing ops -130.32M 0.07M -53.43M -25.48M -61.82M
Net income applicable to common shares -130.32M 0.07M -53.43M -25.48M -61.82M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 2688.81M 2712.21M 2712.61M 938.96M 395.12M
Intangible assets 72.94M 277.17M 446.71M 106.04M 27.44M
Other current assets 19.77M 23.50M 19.93M 17.73M 6.59M
Total liab 1987.12M 1920.91M 1831.86M 557.35M 283.18M
Total stockholder equity 701.68M 791.30M 880.76M 381.61M 111.94M
Deferred long term liab - 5.07M 13.30M 0.20M -
Other current liab 21.05M 23.32M 5.70M 3.07M 0.78M
Common stock 0.00M 0.00M 0.00M 0.00M 0.00M
Capital stock 0.00M 0.00M 0.00M 0.00M 0.00M
Retained earnings -683.96M -524.77M -394.45M -394.52M -341.08M
Other liab - 6.79M 15.95M 2.87M 0.45M
Good will 978.22M 978.22M 969.87M 158.12M 7.37M
Other assets - 7.38M 6.86M 60.20M 2.10M
Cash 326.46M 326.25M 230.40M 117.68M 88.89M
Total current liabilities 1402.13M 1125.03M 1029.39M 522.20M 267.50M
Current deferred revenue 0.00M - 17.83M 12.44M 6.73M
Net debt 280.19M 487.61M 578.85M -75.58M -66.38M
Short term debt 24.00M 24.77M 22.74M 9.81M 7.28M
Short long term debt 3.60M 3.60M 3.60M - -
Short long term debt total 606.65M 813.86M 809.25M 42.09M 22.51M
Other stockholder equity 1387.71M 1319.22M 1276.58M 777.08M 453.06M
Property plant equipment - 23.67M 20.09M 63.28M 45.16M
Total current assets 1522.50M 1326.26M 1178.12M 607.07M 313.05M
Net tangible assets - -440.42M -515.73M 117.44M 77.13M
Short term investments - - - - 0.00M
Net receivables 1176.28M 976.51M 927.78M 471.67M 217.57M
Long term debt 532.99M 722.76M 720.02M - -
Inventory 0.00M - - - -
Accounts payable 1357.09M 1076.94M 983.12M 496.87M 252.71M
Accumulated other comprehensive income -2.08M -3.15M -1.38M -0.96M -0.04M
Common stock total equity - 0.00M 0.00M 0.00M 0.00M
Retained earnings total equity - -524.77M -394.45M - -
Treasury stock - - -6.01M - -
Non currrent assets other 7.23M 7.38M 6.86M 4.44M 2.10M
Non current assets total 1166.30M 1385.95M 1534.50M 331.89M 82.07M
Capital lease obligations 70.07M 87.50M 85.63M 42.09M 22.51M
Long term debt total - 722.76M 720.02M - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -65.15M -691.00M 32.64M 7.50M 47.89M
Change to liabilities 90.99M 284.93M 75.06M 16.29M 26.61M
Total cashflows from investing activities -65.15M -691.00M 32.64M -23.39M 27.95M
Net borrowings -3.60M 717.02M 746.75M 746.75M 746.75M
Total cash from financing activities -30.17M 678.05M 7.35M -0.20M -1.28M
Change to operating activities -4.62M 1.35M -6.28M 0.36M 1.94M
Net income -130.32M 0.07M -53.43M -25.48M -61.82M
Change in cash 95.81M 112.96M 28.84M 8.44M 3.81M
Begin period cash flow 230.69M 117.73M 88.89M 80.45M 76.64M
End period cash flow 326.50M 230.69M 117.73M 88.89M 80.45M
Total cash from operating activities 192.55M 126.59M -12.06M 31.98M -22.69M
Depreciation 216.05M 146.89M 49.25M 32.13M 35.34M
Other cashflows from investing activities -34.34M -673.30M - -3.50M 47.89M
Change to inventory - -284.90M -75.06M -16.29M -26.61M
Change to account receivables -46.33M -254.37M -103.84M -10.71M -40.69M
Sale purchase of stock -15.66M -6.01M 1.66M 1.05M 0.31M
Other cashflows from financing activities -12.34M 686.50M 5.69M -1.26M -1.59M
Change to netincome 58.12M -56.82M 27.27M 19.90M 16.43M
Capital expenditures 44.40M 29.13M 21.96M 19.89M 19.94M
Change receivables -46.33M -254.37M - - -
Cash flows other operating -2.74M 0.97M - - -
Cash and cash equivalents changes 97.23M 113.64M - - -
Change in working capital 40.44M 31.89M -35.06M 5.94M -12.13M
Stock based compensation 64.12M 40.73M 28.49M 18.82M 16.28M
Other non cash items 11.07M 5.79M -2.10M 1.17M -0.31M
Free cash flow 148.15M 97.46M -34.02M 12.10M -42.63M

Peer Comparison*

Sector: Communication Services Industry: Advertising Agencies

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MGNI
Magnite Inc		 -0.07
0.24%		 27.45 - 9.63 2.07 1.83 2.52 13.50
APP
Applovin Corp		 11.43
3.21%		 367.53 49.00 31.75 30.27 77.57 30.41 38.27
PGPEF
Publicis Groupe S.A		 -
-%		 109.60 15.93 11.57 1.55 2.24 1.76 9.39
PUBGY
Publicis Groupe SA		 -0.61
2.08%		 28.66 16.35 11.74 1.57 2.27 1.76 9.39
OMC
Omnicom Group Inc		 -2.01
2.31%		 85.08 12.68 11.89 1.17 5.11 1.58 9.50

Profile*

Magnite Inc

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers. It markets its solutions through sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

1250 Broadway, New York, NY, United States, 10001

212 243 2769

https://www.magnite.com

911

Name Title Year Born
Mr. Michael G. Barrett Pres, CEO & Director 1962
Mr. David L. Day Chief Financial Officer 1961
Ms. Katie Evans Chief Operating Officer 1986
Mr. Sean Patrick Buckley Chief Revenue Officer NA
Mr. Brian Gephart Chief Accounting Officer 1980
Mr. Nick Kormeluk VP of Investor Relations & Head of Global Real Estate NA
Mr. Aaron Saltz Gen. Counsel & Corp. Sec. 1981
Charlstie Veith Global Head of Communications NA
Mr. David Hertog Chief Marketing Officer 1976
Ms. Shawna Hughes CPA Chief People Officer 1978

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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